The dollar edged up from its near-record low against the euro, while crude oil traded past the $90 mark on NYMEX for the first time.
E-M Management Investments is at the center of a series of collapsed private partnerships.
Despite careening markets, Americans felt more confident about their financial security.
Lehman has pledged $10 million to Spelman College to prepare black women for careers in the financial sector.
SPA ETFs, an affiliate of London & Capital, today launched its first U.S. equities-focused ETF on the American Stock Exchange.
The figure includes the change in banks' dollar-denominated liabilities, which comprised most of the loss.
Merrill Lynch is stoutly denying that its finance chief, Jeffrey Edwards, will get the boot.
Market uncertainty remains unusually high as a result of subprime-mortgage turmoil, the Fed chief said last night.
Hedge funds pulled out of this summer’s market havoc, recording average returns of 2.44% for the third quarter, according to Morningstar Inc.
